Crypto Valley

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Hong Kong Partners With Swiss Crypto Valley

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Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also … Read more

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

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While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley … Read more

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand

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Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store … Read more

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens

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Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank … Read more

Major Swiss Insurer Adds Bitcoin and Ether Payments

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Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. In a statement, Atupri said payments will be made through local regulated crypto financial firm Bitcoin Suisse, … Read more

Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus

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Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding facilitation in April. He planned to issue out loans to startups, which could be converted into shares. The central government had already unveiled … Read more